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The latest update is out from Trailbreaker Resources Ltd ( (TSE:TBK) ).
Trailbreaker Resources Ltd. has received approval from the TSX Venture Exchange for an option agreement to acquire a 100% interest in the Coho property, a copper-gold porphyry target in central British Columbia. This acquisition aligns with Trailbreaker’s strategy to expand its portfolio in mining-friendly regions, potentially enhancing its market positioning and offering significant opportunities for stakeholders. The agreement involves staged payments and share issuances to Ron Bilquist, with additional conditions including expenditures on the property and a net smelter return royalty arrangement.
More about Trailbreaker Resources Ltd
Trailbreaker Resources is a mining exploration company focused on British Columbia and Yukon Territory, Canada. The company is dedicated to maintaining a portfolio of quality mineral properties to provide value for shareholders, backed by an experienced management team with a successful track record in exploration and development across the Yukon Territory, British Columbia, Alaska, and Nevada.
Average Trading Volume: 44,208
Technical Sentiment Signal: Buy
Current Market Cap: C$14.63M
See more insights into TBK stock on TipRanks’ Stock Analysis page.